GBPJPY - Look for Long (INTRADAY) 1:4.5 and Short (SWING) 1:XX

8 Haz

GBPJPY appears to remain in a distribution phase from the supply zone, making its way toward the next demand zone on the higher time frame. We might see a potential sell opportunity during any consolidation before the price continues trending toward the demand area.

Let’s wait and see how price action develops — there’s a chance for entries in both directions, but only if a clear consolidation forms. Otherwise, it’s best to remain patient and look for setups at the next key resistance level.

Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!

5 gün önce

İşlem aktif

Missed the entry by few pips, and continue the trend as forecasted 😓